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Job Description:
Role Purpose
The Intercompany Hub Team is the main contact point within the bp Group for all intercompany related issues. The Intercompany Analyst will support Intercompany Manager to ensure that the Intercompany processes are aligned with the Group Intercompany Policies and Procedures. Specifically, they will support the delivery of 'silent running', accurate and timely recording of all Intercompany settlement and PEC activities and processing it in the ledgers. They are responsible also to address the multifaceted partners queries accurately to the expectation with completeness. Coordinating with the team members and supporting change within the Intercompany team in the drive for outstanding partner service, operational perfection & compliance.
Key Accountabilities
Handling and booking of incoming/outgoing charges – AP/AR transactions settlements along with the non trade IC settlement bookings in JDE and ERP systems.
Perform the key jobs of settlement and PEC processes in JDE, ERP systems and other IC specific applications.
Review and Support of Monthly/quarterly reconciliations of Intercompany accounts in Accounts Receivable/Accounts Payable - Ensure the integrity and accuracy of the various Intercompany and suspense account reconciliations
Deliver silent running by supporting the Group’s intercompany agreement and elimination process at Quarter-ends ensuring all imbalances >$500k are cleared by the end of the process, all differences <500k are resolved by WD 55.
Ensure all reconciling items are followed up on a timely basis
Ensure that intercompany disputes are supervised and resolved in a timely manner, intervening and intensifying disputes according to Group Policies
Monthly / Quarterly Processing and Journal review of adjustments prepared by Intercompany Analysts identified through the reconciliation process
Take full and proactive ownership of issues and queries
Handle intercompany transactions across multiple locations
Reconcile intercompany accounts at Group and Statutory level
Deliver compliant services in line with period end close deliverables
Support and ongoing development of the Group’s intercompany website and the GEM, ICE tool, Disputes Tool and FBW Performance Reporting toolset delivering continuous and innovative improvements.
Support the Group Disputes and Upfront Agreement (UFA) processes ensuring both tools and related processes are fit for purpose.
Share knowledge within the wider team hold training on process changes
Partner with and support all members of the Hub Team to deliver process silent running, continuous system and process improvements, analyze and resolve the root cause of problems.
Support projects, system testing and connect related areas to drive improvements in execution.
Maintain appropriate intercompany system documentation
Support team mailboxes used for user queries on all intercompany issues.
Complete all month-end system requirements and master data reconciliations
Identification and resolution of internal control gaps
Facilitation and maintenance of internal and external business relationships
Key Challenges
Handle intercompany transactions across multiple locations
Issues or problems are multifacetesophisticatedomplex with much ambiguity
System and process interfaces are numerous and complex to navigate
Operating in multiple regions, systems and time zones
Qualification & Experience and Competencies
Essential Education and Experience
Bachelor’s Degree in Accounting, Finance or related field.
Carries good intercompany knowledge.
Strong Experience with Microsoft Excel (data manipulation and validation)
Adaptability and approach to bring process improvement
3-5 years of experience in the areas of analytical skills, numeracy and financial awareness
Demonstrated proficiency with SAP
Ability to meet month-end close and other deadlines
Good analytical and problem-solving skills
Good communication and interpersonal skills
Good interpersonal skills - attention to detail
Team-focused, results oriented
Ability to work with deadlines, under pressure with a track record of delivery.
Partner and service-oriented thinking.
Desirable Criteria
Proficient in JDE and ERP accounting systems
Intercompany trading experience with good insight around the intercompany accounting and process end to end data flow.
Knowledge of G/L’s, Income Statements, Balance Sheets
Communication-verbal & written
Working with a global mind-set
General accounting experience
Experience with financial reconciliations
Travel Requirement
Relocation Assistance:
Remote Type:
Skills:
Legal Disclaimer:
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity/neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment/accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment/accommodation related to the recruitment process, please contact us.
If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.